UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,866 sqft
Price per Sqft $233
Subdivision Boqueron Ward
MLS Listing ID PR9109735
HOA Y/N No
Year Built 2004
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Triplex
Source Stellar MLS
Property Description
Nestled in the heart of vibrant Boquerón, the Tainos Building offers a unique investment opportunity just steps from the beach, marinas, and an array of popular restaurants and bars. This three-story property is not only in a highly coveted location but is also meticulously designed to support versatile rental purposes, from short-term to long-term stays. Each level offers spacious, modern units with well-planned layouts that ensure comfort and privacy for residents or guests.
Property Overview
First Floor: Two units, each with 2 bedrooms, 2 bathrooms, and approximately 1,075 sq. ft. of gross living area (GLA).
Second Floor: Two additional units, each offering 2 bedrooms and 2 bathrooms, with an increased space of approximately 1,179 sq. ft. GLA in each unit.
Third Floor: Mirroring the second floor, the third floor also has two units with 2 bedrooms and 2 bathrooms each, offering residents the same 1,179 sq. ft. of GLA in each unit.
Each unit features a fully equipped kitchen, dining and living area, hallways, two balconies, and ample space designed for comfortable, coastal living.
Rooftop Oasis
The fourth level boasts a spacious open rooftop, perfect for sunbathing, stargazing, and enjoying Cabo Rojo's stunning sunsets. This rooftop retreat is equipped with two external bathrooms for guests, creating an ideal space for entertaining, gatherings, or a private retreat above it all.
Amenities and Attractions
Income Potential: The building currently generates income through short-term rentals, making it a prime choice for real estate investors seeking passive income.
Parking Facilities & Generator: Ensures convenience and reliability for guests and tenants.
Proximity to Essentials: Located close to two supermarkets, two pharmacies, various dining establishments, and a range of recreational venues, from boat ramps and marinas to a golf club (less than a 25-minute drive away).
Natural Beauty & Outdoor Activities: Boquerón is celebrated as Puerto Rico's Mountain Bike Capital and boasts access to 121 beaches and several natural reserves, ideal for eco-tourism, hiking, and outdoor enthusiasts.
Strategic Location
The property is situated near the coordinates 18.0215139, -67.172933, offering convenient access to local amenities and entertainment. A multi-million-dollar development, Esencia, is currently underway nearby, which is expected to further enhance the area's appeal. The building is also close to a regional airport (BQN), with plans for a private airport coming soon, making it an ideal location for tourism and travel.
Specifications
Lot Size: Approximately 375 square meters
Ideal Use: Flexible for long-term or short-term rentals, catering to diverse investment goals.
This rare investment opportunity offers the best of Cabo Rojo's coastal lifestyle, with an established rental income stream and proximity to Puerto Rico's most picturesque beaches and attractions. Don't miss the chance to own a property that blends luxury, convenience, and location at the heart of Boquerón's thriving community.
Location
State PR
County Cabo Rojo
Community Boqueron Ward
Area 00623 - Cabo Rojo
Zoning ZONE DTS
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Wet Bar
Heating None
Cooling Ductless, Wall/Window Unit(s)
Fireplace false
Laundry Common Area, Electric Dryer Hookup, In Kitchen, Upper Level, Washer Hookup
Exterior
Exterior Feature Awning(s), Balcony, Lighting, Outdoor Grill, Rain Gutters
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Waterfront Description Beach Front
View Y/N Yes
Water Access Yes
Water Access Desc Beach
Roof Type Cement,Concrete
Garage false
Private Pool No
Building
Foundation Concrete Perimeter
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Cement Siding,Concrete
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Other, Owner Financing, Private Financing Available
Listing Terms Cash, Other, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9109735
